Some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a 30-day grace period on Monday New York time, four people with knowledge of the matter told Reuters.
Featured Posts Title
China enjoys marriage boom as Beijing allows weddings in nightclubs
The real reason behind China’s fury toward Japan’s Takaichi
Here’s what coronavirus does to the body
Corona del Mar girls tennis defeats Portola for CIF-SS Division 1 title
China’s risky challenge to Japan — and the US
Japan’s New Leader Mentions Taiwan, and Tanks Her Relationship With China
Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
Recent Posts
Factbox-China Evergrande’s bond coupon payments through May 2022
China’s import surge cheers markets; UK house price growth at 15-year high – business live
Rolling coverage of the latest economic and financial news. 07:48 Wales has seen the fastest house price growth of any UK nation or region. Prices jumped 14.8% in the last year, taking …
China’s Nov. iron ore imports hit highest in 16 months
China’s iron ore imports rose 14.6% in November from a month earlier to hit their highest since July 2020, customs data showed on Tuesday, although a sluggish steel market damped demand for the raw …
China’s import surge cheers markets; UK house price growth at 15-year high – business live | Business | The Guardian
Rolling coverage of the latest economic and financial news …
Trevor Noah Suggests Sending Marjorie Taylor Greene to Beijing
If you want to get back at China, you have Marjorie Taylor Greene in the stands,” Noah said of the U.S. diplomatic boycott of the Olympics.
China says US diplomatic boycott violates Olympic spirit
China on Tuesday accused the United States of violating the Olympic spirit by announcing an American diplomatic boycott of February’s Beijing Winter Games. Foreign Ministry spokesperson Zhao Lijian’s …
China threatens the US with retaliation over diplomatic boycott of Winter Olympics
China has threatened the Biden administration with retaliation over its decision to impose a diplomatic boycott of the 2022 Winter Olympics in Beijing, warning the move could damage bilateral …
China’s economic moves lauded as global plus
China’s strenuous efforts to secure high-quality growth will help not only the country but the world to recover, and its domestic rebalancing will drive green development, leaders of two international …
Couple in Shenzhen reunited with abducted son after 14 years
After searching for their abducted son for 14 years, Sun Haiyang and his wife, Peng Siying, were reunited with the now 18-year-old in Shenzhen, Guangdong province, on Monday (Dec 7).
Explainer-What’s Next for China Evergrande After Missing Coupon Payments
China Evergrande Group made three 11th-hour coupon payments in the past two months, but there was no repeat at the end of a grace period at midnight Monday in New York as some bondholders did…
China Central Bank Cuts Rates on Relending Facility but Benchmark Cut Chances Seen Low
China’s central bank will cut the rates on its relending facility by 25 basis points (bps) to support the rural sector and small firms, effective from Dec. 7, state-run Securities Times reported on …
China’s Financials, Property Stocks Jump Amid Policy Shift
Chinese financial and property names were the nation’s biggest stock beneficiaries on Tuesday after policy makers signaled their determination to shore up the economy.Most Read from BloombergSand and …
China Nov export growth slows but imports accelerate on restocking
China’s exports growth lost steam in November, pressured by a strong yuan, weakening demand and higher costs, but imports unexpectedly accelerated as the country scrambled to restock depleted …
